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Monday, December 13, 2010

Biggest Scam In World History Exposed - Are The Federal Reserve’s Crimes Too Big To Comprehend?

'The crisis is not over, but has merely entered a new phase.'—Mark Carney, governor, Bank of Canada Link Here

What if the greatest scam ever perpetrated was blatantly exposed, and the US media didn’t cover it? Does that mean the scam could keep going? That’s what we are about to find out.
I understand the importance of the new WikiLeaks documents. However, we must not let them distract us from the new information the Federal Reserve was forced to release. Even if WikiLeaks reveals documents from inside a large American bank, as huge as that could be, it will most likely pale in comparison to what we just found out from the one-time peek we got into the inner-workings of the Federal Reserve. This is the Wall Street equivalent of the Pentagon Papers.
I’ve written many reports detailing the crimes of Wall Street during this crisis. The level of fraud, from top to bottom, has been staggering. The lack of accountability and the complete disregard for the rule of law have made me and many of my colleagues extremely cynical and jaded when it comes to new evidence to pile on top of the mountain that we have already gathered. But we must not let our cynicism cloud our vision on the details within this new information.
Just when I thought the banksters couldn’t possibly shock me anymore… they did.
We were finally granted the honor and privilege of finding out the specifics, a limited one-time Federal Reserve view, of a secret taxpayer funded “backdoor bailout” by a small group of unelected bankers. This data release reveals “emergency lending programs” that doled out $12.3 TRILLION in taxpayer money - $3.3 trillion in liquidity, $9 trillion in “other financial arrangements.”More Here..

1 comment:

Scams and lies , freedom of speech is needed to expose all the scams and lies.

The internet can be a useful information tool .

“Chinese” style internet wall censorship is now deployed by the US military .Even access to the New York Times that just usually prints ‘all the news that’s fit to print” is easily denied and people intimidated .

“Air Force users who try to view the websites of the New York Times, Britain's Guardian, Spain's El Pais, France's Le Monde or German magazine Der Spiegel instead get a page that says, "ACCESS DENIED. Internet Usage is Logged & Monitored," according to a screen shot reviewed by The Wall Street Journal. The ce warns that anyone who accesses unauthorized sites from military computers could be punished."

If even the military can’t be trusted to view publicly available information ,how long will it be before this Chinese wall style censorship is extended to ordinary Americans or international people not “authorized” to read some American newspapers?And that may be “punished” for doing so!

It will be recalled, that Bernanke and Co resisted FOI requests to find out just what financial entities , including foreign banks and hedge funds, received US government taxpayer funded bailouts as “ state” or “commercial” secrets after the bi-partisan financial coup to take control over the US Treasury .

Corporate State, US capitalism with its classified ‘state secrets” military and economic and Patriot acts laws for Semi-monarchial rule ,more and more resembles the old State Capitalist USSR with its state secrets and secret classified budget items before it too collapsed in a sea of foreign debts .See The Drudge report ..